Pipsincoming
USDMXN Short 4HR ChartLook for shorting opportunities if prior support turns into resistance. On a fundamental side, NAFTA will start to be negotiated in less than two months. News regarding NAFTA can make this pair very volatile. Remember to use at least a 1:2 Risk/Reward ratio with proper risk management. I love Comments and Likes!!!
Collaboration? --->>>> traderkevin101@gmail.com
USDJPY Short 4HR ChartLooking for an opportunity to get short this pair on the four hour chart. If the US comes out with bearing numbers tomorrow it will be a good opportunity to get into this position. Other places to look for USD long exposure is the USDCAD For a longer term set up. If you have a bias against the dollar look to the EURUSD for a long position off support.
-->> traderkevin101@gmail.com
GBPJPY DAILY - 600+ PIPS??GBPJPY Daily Chart
- Looking to go long if price stalls near 61.8 (PRZ)
- Monthly key level (140.000)
- Weekly TL confluence
- 600 Pips from C to D
Second Scenario - Bullish ABCD
AB: completed
BC: completed
CD: Valid if price breaks past 140.000
D leg should terminate around 132.500
Have a great weekend!
Resistance Turned Support Quick first glance idea,
Price had been pretty sideways on USDCHF for the latter part of 2016, and in the last few months it broke above resistance, which led to a rally all the way up to a previous yearly resistance level. It is now coming back down to retest resistance as support , and price is bouncing off the zone.
Also, taking a look at the 1H chart, there's currently an upside down quasi -head & shoulders pattern, which may suggest continuing bullish movement.
Looking to take this trade with stops below support - 0.99000, and long term targets at 1.02000 and 1.03400 for about 1.5:1 to 3:1 risk to reward
We'll see what happens....
AUDUSD will be bullish.Catch thatOne of the best opportunities in these slow market times :) Buy this shit as soon as possible with great RR(RISK REWARD) ratio :) ALL my levels are in the chart,use them carrefully.USD is overpriced,and i think there is no chance for USA to hike rates 3 or 4 times as announced in 2017.Bullshit :) there will be max 1 rate hike,then USD will crash again.TRUMP is not sure place to invest,you dont know what will he do.AUD IS UNDERPRICED ASWELL, Australian bank announced good move at economic and very good forecast.Watch FIBo levels aswell as Support level and double daily bottom.Use very good MM as well.EARN less money,risk less money.GOOD trade will do some cash even with small positions :) TRADE ACTIVE :)
USDJPY my view- TWO SCENARIOS ,BOTH BEARISH I think its time for USD index to drop a little back as well as Japanese Yen to take some strenght again in January 2017.I will sell that right after the new year begin with small position.Then if it reach 119-120 levels,i will short that for big position again With good MM of course .I will Aim for 115 level where i will close some part of position and will continue to 113 ,which will be my final target and then i will long UJ again :) pretty simple , GOOD LUCK and Wish many pips on that :)
So in conclusion
First order - SHORT @ 117.500 TP 115 (description) SL 121.8 small position !!!
Second order will be limit order with SELL limit on 119.5-120 ,same TP,same SL , Big position :)